"There is more to life than increasing its speed."Mohandas Gandhi
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How Does Spellchecker make you Lazy?
It’s a crime what laziness can do. That’s the downside of automation and software tools. People get lazy. Don’t get me wrong, I love technology and I depend on Spell-checking software to help with my writing. It finds the typos but it does not find ...
Is your Identity REALLY safe?
Is your Identity REALLY safe?(c) Copyright 2003 by Ken BurnettHere are...Ten Preventative Steps To HelpSafeguard Against Identity Theft. Guard against malicious thieves stealing your identity.If you receive suspicious billings or items that youdon't ...
Turning Challenges into Opportunities
Turning Challenge Into Opportunity There is a common saying that whenever you are presented with a problem or a challenge, you should turn it into an opportunity. Some of the people who have mastered this concept are; the United States Government, Large ...
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As a consumer you’ve learned the importance of
establishing a good credit rating with your lenders. Whether you are shopping for a new home or auto, or searching for the best deals on insurance, your credit worthiness will be judged by your credit rating or credit score.
A bad credit history or bad credit habits will place “black marks” on your credit profile. These include things such as late payments, having an account assigned to a collection agency, and of course bankruptcy.
Establishing good credit habits and therefore a good credit rating will improve your credit worthiness. This will be reflected in potential lenders offering you substantially lower interest rates and better deals on credit offers.
Here are 4 tips to help you create a shining credit profile:
1) Pay Your Bills On Time
Lenders only have your past payment history on which to decide the type of credit risk you present to them. How you pay off your debts now indicates to them how you will pay off future debts.
2) Don’t Use Too Many or Too Few Credit Cards
How much is too much ? How little is too little ? Many credit experts and financial planners suggest two to four credit cards is just the right mix.
3) Pay At Least The Minimum Due
Always pay at least the minimum due payment, but never less. And remember, just paying the minimum payment means it will take you years and years to pay off that credit card.
Example: Paying off a $2,000
credit payment at 18% APR with a minimum monthly payment of 2% ($40 dollars or less) will take you 30 years to pay off the amount plus interest.
4) Review Your Credit Report Regularly
Monitor your credit report from all three major credit bureaus - Experian, TransUnion, and Equifax - on a regular basis. Check your credit profile at least annually. Review it carefully and make sure that any past mistakes or disputes have been corrected.
Also, if you notice an account listed that you know that you have not personally opened, contact that creditor and the credit bureaus immediately. This could be a sign that you’ve had your identity stolen. Request to have a fraud alert placed on your profile and account to protect yourself and your credit. Identity theft is the fastest growing consumer crime in America, with an estimated 1 million people victimized each year.
Establish good credit habits early in life and reap the benefits that your good credit rating will provide you for the rest of your financial future.
About the author:
© 2003, www.yourfreecreditreportnow.com
Author: James H. Dimmitt.
Get your FREE credit report online now and subscribe to our FREE weekly newsletter for consumers, “TO YOUR CREDIT”. Visit http://tinyurl.com/bgo9for details.
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 Tommy Lee Jones seeks $10M in 'No Country' suit - International Herald Tribune
SAN ANTONIO : Tommy Lee Jones is suing the makers of "No Country for Old Men" for more than $10 million that the actor claims he is owed for starring in the 2007 Oscar-winning crime thriller. The lawsuit against Paramount Pictures claims that Jones ...
2nd trial starting for infamous Texas KFC murders - San Diego Union-Tribune
HOUSTON – When Darnell Hartsfield saw the inside of a Texas prison cell for the first time in 1984, it was for an aggravated robbery he committed the previous year. But prosecutors contend the Tyler man was involved in a far more heinous crime just ...
A Way to Find Hidden Fingerprints - ABC News
Fingerprints are crucial evidence in many criminal investigations because they can tie a suspect to the scene of a crime with almost indisputable accuracy. Now crime-scene investigators have a new technique for finding fingerprints left on metals ...
Crime spree leads to arrest - 10 News
Spring Hill, Florida -- A man on the run from Pasco County deputies offered a Spring Hill woman $100 to hide him from authorities. She didn't take the money. The Sheriff's Office reports that 23-year-old Joshua Christian barged into the woman's home ...
Man In Bias-Motivated Crime Gets 18 Months - News 4
BOULDER, Colo. (AP) ― A Broomfield man has been sentenced to 18 months in jail for assaulting another man because he is Hispanic. Twenty-old Abraham Paquet pleaded guilty to harassment in the attack in March outside a Boulder convenience store ...
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